Rate hike likely? CB advances April Monetary Policy Review to Thursday

Wednesday, 4 April 2012 01:02 -     - {{hitsCtrl.values.hits}}

The Central Bank said yesterday that the release of Monetary Policy Review for April has been advanced to Thursday 5 April from the previously announced date of 18 April.

Markets have been anticipating an upward revision in policy rates and this is likely this week since such a move wasn’t considered during the March review.